What is goAML?

The goAML application is available to Financial Intelligence Units of Member States to

support their work in countering money laundering and terrorist financing.

Money laundering and the financing of terrorism are global problems that threaten the security
and stability of financial institutions and systems, undermine economic prosperity, and weaken
governance systems.

Worldwide, Financial Intelligence Units (FIUs) play a leading role in the prevention of anti-
money laundering and counter-terrorist financing (AML/CTF) activities. They are responsible
for receiving, processing, and analyzing reports made by financial institutions or other entities in
accordance with the requirements of domestic AML/CTF laws and regulations. Such reports and
other information gathered by FIUs often provide the basis for investigations into money
laundering, terrorist financing, and other serious offences.

As of today, we are currently engaged with 111 FIUs among which 49 have already deployed
goAML.

goAML
The goAML application is an
integrated database, intelligence
analysis, workflow and resource
management system intended for
use by Financial Intelligence Units
(FIUs) worldwide.

goAML provides a "one stop"

FIU-specific solution, and is
executed in three steps: data
collection, analysis (rule-based
analysis, risk-score and profiling)
and dissemination (escalate to law
enforcement and seek feedback).
It provides a facility for the rapid
and easy online exchange of
information between the FIU,
reporting entities, law enforcement
and judicial authorities, while
ensuring data confidentiality.

The system integrates 14 separate

functions into one package. It is
the only "off the shelf'' system available to FIUs that includes data collection, data evaluation and
clean up, ad-hoc queries and matching, statistical reporting on information/reports received and
processed, structured analysis at both the tactical and strategic levels, person/entity/account
profiling, rule-based analysis, workflow management, task assignment and tracking, document
management with full text search capacity, intelligence file development and management, data
acquisition/integration from external sources, integrated charting and diagramming and an
intelligence report writer tool.

The goAML system is driven by a security model that specifies the kind of access rights each
user has, and which provides an audit trail and log details for every transaction performed by all
users. The goAML solution is well suited to both low
and high data volume environments.

For more information, please consult the goAML website: http://goaml.unodc.org

Description
The goAML application is one of the solutions offered by UNODC to combat the global
financial crime including money laundering and terrorist financing. goAML is an integrated
database and intelligent analysis system developed by the Enterprise Application Center Vienna
(EAC-VN).

The goAML application has three primary solutions:

1. Collection: data is submitted by FIUs from banks and other financial institutions;
2. Analysis: rule-based analysis, risk-score, and profiling are performed by FIU analysts;
3. Data exchange: the exchange of data is: a) between the FIU and the intelligence agencies
or juridical authorities (within the framework of the national coordination) and b)
between the FIU and regional institutions (eg. through FIU.net) and international ones
(eg. Egmont Secure web)

The FIUs receive reports from financial institutions and other reporting entities in the form of:

 Cash Transaction Reports (CTR);

 Suspicious Transaction Reports (STR);
 Electronic Funds Transfer Reports (EFT - including International Funds Transfer
Reports);
 List-based reports, such as reports generated from lists of known terrorist identities.
Approach and Benefits
Approach
Financial Intelligence Units (FIUs) play a significant role in national AML/CFT operational
networks, and provide support to the work of other competent authorities. FIUs also have a key
role in the global fight against money laundering, the financing of terrorism, and related crime.
Robust IT systems at the FIU are critical to its ability to transform data into financial
intelligence. An FIU cannot perform its functions (timely access to information; searching of
databases for analysis or making inquiries on behalf of foreign counterparts; and preparing trend
analysis reports) effectively without the use of IT system.

FIU Information System Maturity Model (FISMM), developed by the Egmont Group of FIUs, is
a comprehensive framework to enable FIUs of varied sizes and contexts to assess the maturity
level of their processes and IT systems. FISMM describes the stages (through 15 domains,
FD01-FD15) through which processes progress as they are defined, implemented, and improved.
This framework also assists in strategy formulation, performance management, process
improvement, and technology evaluation in an FIU’s environment.

Five types of FIUs (in terms of FIUs of sizes and contexts) have been identified:

1. Small FIUs in fragile countries

 2. Small FIUs in stable countries
3. Average FIUs
4. Big Data FIUs
5. FIUs supporting a distributed user community or distributed financial institutions

goAML SE/EE and other goPortfolio software products such as goINTEL supports various
domains of FISMM (FD01-FD13), at least the second or third category of FIUs. To satisfy the
technical infrastructure management domain or IT strategic alignment (FD14) and the
information security management domain (FD15), SPMS proposes an End-to-End Process
(2EP).

The 2EP is the enterprise architecture framework for FIUs and takes into consideration FATF’s
40 recommendations, the 4th EU AML directive, and Egmont Group principles. The 2EP
consists of four domains namely, a) AML/CFT business architecture, b) data architecture
between Reporting entities, the FIU and other national/regional/international stakeholders, c)
application architecture (goAML/goPortfolio), and d) infrastructure (technology) architecture
including information security.

Future Innovations
The scope of this goAML/goPortfolio strategic roadmap includes the design and development of
goAML Architectures, innovations around goAML, training models and associated
documentations.  Its outcomes will consider the three phases of money laundering and will
extend to national law enforcement agencies, regional and international entities that are fighting
financial crime based on evolving compliance standards for anti-money laundering and
combatting the financing of terrorist activities.

The five broad categorizations of goAML architectures, with their respective benchmark
performance indicators/requirements, are as follows:

1. goAML in the box for small FIUs in fragile states;

2. goAML SE for small FIUs in stable countries;
3. goAML SE - goINTEL for average FIUs;
4. goAML EE for big data FIUs; and
5. goAML D for FIUs with distributed user community and/or distributed financial
institutions (with commercial/financial free zones)

goAML architectures consist of six domains: business architecture, data architecture, application
architecture, infrastructure (technology) architecture, security architecture, and beta testing
architecture.
The development of future innovations will strive to involve, if technically and scientifically
relevant, important applications of artificial intelligence (AI), geographic information system
(GIS), machine and deep learning and big data and data analytics, and how financial
technologies may improve transaction monitoring.

Future innovations will also cover virtual currencies (VCs) or cryptocurrencies (CCs)
transactions. VC/CC payment products and services present money laundering and terrorist
financing (ML/TF) risks and other crime risks that must be identified and mitigated, and are also
identified with their use in crimes, illegal activities and speculation on the Dark/Deep Web. In
fact, the Dark/Deep Web increasingly used to conduct illegal activities. Recruitment by terrorist
organizations, drug smuggling, gun running, the sale of blood diamonds, illegal and banned
substances, piracy, cybercrime money laundering, human trafficking, etc., are all easily
accessible and readily available on the Dark/Deep Web.

Benefits
goAML and goPortfolio software products:

 Help countries meet international standards by establishing effective Financial

Intelligence Units (FIUs)
 Provide a uniform and standard global anti-money laundering platform
 Are designed as a modular system to fit the needs of any type of FIU
 Reduce the learning curve for new users with its standard graphical user interface on all
screens
 Supported by a growing user community (UC)
 Benefits from strategic partnerships with many international and regional institutions